DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Scissortail Wealth Management, LLC
Latest filing Apr 30, 2026
First filing on the tape Sep 5, 2018 · 22 filings
SEC status approved since Oct 5, 2018
RAUM
$568M
reported, Item 5.F
Discretionary
93%
of RAUM
Private clients
97%
$549M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$71.0M
derived; firm RAUM over IAPD count
Employees
13
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$568M as of Apr 30, 2026
Feb 1, 2019$135M then
HNW client RAUM$340M as of Apr 30, 2026
Feb 1, 2019$100M then
State-registered IARs (5.B.3)8 as of Apr 30, 2026
Feb 1, 20192 then
Employees (5.A)13 as of Apr 30, 2026
Feb 1, 20193 then
Private funds: no history
RAUM -3.3% over the last fiscal year+12% a year over threeIARs 7 to 8
Practice profile
derived from the filing of Apr 30, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
- RAUM per advisor
- $71.0MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 59derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.7MderivedHNW RAUM over HNW clients
- Average account
- $221,429derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 93%derivedof RAUM
- Institutional
- 0.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.6derivedItem 5.A over advisors
- Advisors per office
- 8.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -3.3%derivedbetween the last two annual amendments
- Advisor growth, one year
- +14%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -13%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- Wrap fee program
- $191MreportedItem 5.I
- Custody
- $675,530, 16 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$340M60%
- Individuals$209M37%
- Corporations and businesses$6.7M1.2%
- Banks and thrifts$3.6M0.6%
- Insurance companies$3.0M0.5%
- Pension and profit-sharing plans$896,2720.2%
- Individual clients
- 403reported
- HNW clients
- 72reported
- Pension plan clients
- 2reported
- Charitable clients
- 0reported
- Accounts
- 2,566reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- $0 sponsored, $0 managedreported
- Custody of client assets
- $675,530 for 16 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.97 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=5.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Todd Charles WelshCertified Financial Planner | Tulsa, Ok | Jan 15, 2023 | 27 y | 3 |
| Brian Talkington | Tulsa, Ok | Jan 15, 2023 | 11 y | 1 |
| Kevin Criss | Tulsa, Ok | Jan 15, 2023 | 42 y | 1 |
| Scott Robert Allen | Tulsa, Ok | Nov 10, 2023 | 10 y | 2 |
| Richard L. Howard | Tulsa, Ok | Jan 1, 2025 | 26 y | 3 |
| Summer N Caudle | Tulsa, Ok | Jan 8, 2025 | 18 y | 3 |
| Christopher Langlon Bogie | Tulsa, Ok | Sep 23, 2025 | 11 y | 0 |
| Lisa Nicole Allem | Tulsa, Ok | Mar 18, 2026 | 10 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
- Rick Marlon Hadrava to Uniting Wealth PartnersApr 1, 2025 · RIA to RIA
Joined, latest
- Rick Marlon Hadrava from Epic Wealth Management, LLCApr 5, 2022 · RIA to RIA
- Scott Robert Allen from UBS Financial Services Inc.Jul 2, 2019 · Wirehouse to independent RIA
- Richard L. Howard from UBS Financial Services Inc.Nov 9, 2018 · Wirehouse to a newly registered adviser (no RAUM reported yet)
- Todd Charles Welsh from UBS Financial Services Inc.Nov 9, 2018 · Wirehouse to a newly registered adviser (no RAUM reported yet)
- Summer N Caudle from UBS Financial Services Inc.Nov 9, 2018 · Wirehouse to a newly registered adviser (no RAUM reported yet)
Teams: two or more advisors moving together within fourteen days, from one state
- 3 joined from UBS Financial Services Inc.Nov 19, 2018 · Tulsa, Ok
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- L. Richard Howard · Founder, Senior Partner, Managing Membercontrolsince 11/2018 · owns 50% to 75%
- Charles Todd Welsh · Founder, Senior Partner, Managing Membercontrolsince 11/2018 · owns 50% to 75%
- Disbrow Ian Meiksins · Chief Compliance Officersince 03/2024 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Tulsa, Ok · principal | 8 | 2 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Oklahoma City, OK2 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- HNW share shiftChange between filings · filing Apr 30, 2026HNW share of RAUM moved from 76.0% to 60.0% between the annual amendments of 2025-03-25 and 2026-04-30peers: independent wealth managers, $500M to $1B (1,483)
What changed
consecutive filings, newest first
- Accounts · 2,571 to 2,566Sep 2, 2025 to Mar 30, 2026
- Advisory employees · 7 to 8Sep 2, 2025 to Mar 30, 2026
- BD registered reps · 4 to 5Sep 2, 2025 to Mar 30, 2026
- Corporate clients · unset to 5.0Sep 2, 2025 to Mar 30, 2026
- HNW clients · 149 to 72Sep 2, 2025 to Mar 30, 2026
- Individual clients · 397 to 403Sep 2, 2025 to Mar 30, 2026
- Pension plan clients · 0 to 2Sep 2, 2025 to Mar 30, 2026
- Assets in custody · $6.1M to $675,530Sep 2, 2025 to Mar 30, 2026
- Employees · 10 to 13Sep 2, 2025 to Mar 30, 2026
- State-registered IARs · 7 to 8Sep 2, 2025 to Mar 30, 2026
- Discretionary RAUM · $553M to $529MSep 2, 2025 to Mar 30, 2026
- HNW RAUM · $449M to $340MSep 2, 2025 to Mar 30, 2026
- Individual RAUM · $136M to $209MSep 2, 2025 to Mar 30, 2026
- Non-discretionary RAUM · $34.4M to $39.6MSep 2, 2025 to Mar 30, 2026
- Pension RAUM · unset to 896272.0Sep 2, 2025 to Mar 30, 2026
- RAUM · $588M to $568MSep 2, 2025 to Mar 30, 2026
- Accounts · 2,100 to 2,571Apr 15, 2024 to Mar 25, 2025
- Charity clients · unset to 0.0Apr 15, 2024 to Mar 25, 2025
- HNW clients · 119 to 149Apr 15, 2024 to Mar 25, 2025
- Individual clients · 358 to 397Apr 15, 2024 to Mar 25, 2025
- Assets in custody · $2.0M to $6.1MApr 15, 2024 to Mar 25, 2025
- Financial planning clients · 51-100 to 51-100Apr 15, 2024 to Mar 25, 2025
- Other offices · 1 to 0Apr 15, 2024 to Mar 25, 2025
- Discretionary RAUM · $461M to $553MApr 15, 2024 to Mar 25, 2025
- HNW RAUM · $360M to $449MApr 15, 2024 to Mar 25, 2025
- Individual RAUM · $128M to $136MApr 15, 2024 to Mar 25, 2025
- Non-discretionary RAUM · $27.8M to $34.4MApr 15, 2024 to Mar 25, 2025
- RAUM · $488M to $588MApr 15, 2024 to Mar 25, 2025
- Accounts · 2,331 to 2,100Mar 29, 2024 to Apr 15, 2024
- HNW clients · 130 to 119Mar 29, 2024 to Apr 15, 2024
- Individual clients · 370 to 358Mar 29, 2024 to Apr 15, 2024
- Discretionary RAUM · $499M to $461MMar 29, 2024 to Apr 15, 2024
- HNW RAUM · $374M to $360MMar 29, 2024 to Apr 15, 2024
- Individual RAUM · $129M to $128MMar 29, 2024 to Apr 15, 2024
- Non-discretionary RAUM · $31.4M to $27.8MMar 29, 2024 to Apr 15, 2024
- RAUM · $531M to $488MMar 29, 2024 to Apr 15, 2024
- Accounts · 1,862 to 2,331Mar 31, 2023 to Mar 29, 2024
- Charity clients · 1.0 to unsetMar 31, 2023 to Mar 29, 2024
- Corporate clients · 2.0 to unsetMar 31, 2023 to Mar 29, 2024
- HNW clients · 104 to 130Mar 31, 2023 to Mar 29, 2024
Signals
6 dated events
- Rick Marlon Hadrava left Scissortail Wealth Management, Llc for Uniting Wealth Partners (registered 2025-03-31)Apr 1, 2025 · Advisor changed firm · fact
- Scissortail Wealth Management, Llc reported RAUM $530.8M, up 30% from $408.7M (2023-03-31 to 2024-03-29)Mar 29, 2024 · RAUM change · derived
- Louis David Littleton (Chief Compliance Officer) no longer on Schedule A of Scissortail Wealth Management, Llc (listed 2019-06-07, absent 2020-03-17)Mar 17, 2020 · Control person left · inference
- Disbrow Ian Meiksins (Chief Compliance Officer) appeared on Schedule A of Scissortail Wealth Management, LlcMar 17, 2020 · Control person joined · fact
- Louis David Littleton (Chief Compliance Officer) appeared on Schedule A of Scissortail Wealth Management, LlcJun 7, 2019 · Control person joined · fact
- Scissortail Wealth Management, Llc filed its initial SEC registration (Form ADV)Sep 5, 2018 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business email
- contact@scissortailwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- alex.felkins@scissortailwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- brooks.kollmann@scissortailwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- michelle.bond@scissortailwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 844-739-6000reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 844-739-6951reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 918-956-0500reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/scissortailwealthreportedpublic record, Form ADV, Sep 17, 2026
- Website
- scissortailwealth.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (918) 956-0500reportedpublic record, Form ADV, Apr 30, 2026
- Contact form
- scissortailwealth.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- scissortailwealth.com/our-teamreportedpublished by the firm, firm site, Sep 15, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $71.0Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026